Florida

Many stores closed on Thanksgiving, analysts say it may be a permanent trend as a result of the coronavirus pandemic

Farmingdale, Nassau County (WABC)-On Thanksgiving Day, major retailers in our area were closed. Experts say it is part of a new trend that we believe will stay here as a direct result of the coronavirus pandemic.

Roger Bearm, Executive Director of the Retail Innovation Center at Wake Forest University, said: “I have the opportunity to do this.”

Wal-Mart, Best Buy, Coles and Macy’s, which were previously open on Thanksgiving Day, closed on Thursday.

According to Mr. Beam, many stores have closed due to the pandemic, and 2020 has changed the way of thinking about Thanksgiving shopping, which started about six years ago. Even if the store was open, some shoppers were worried about going to a crowded store and having to wear a mask.

“Before, the benefits of online shopping and shopping have begun to outweigh the benefits of going into a store and finding sales,” he said.

Target said it plans to close every Thanksgiving day in the future.
In addition, Beahm said the closing of Thanksgiving is now seen as a wise business move for companies eager to hire and retain workers.

“Many employees want to go home with their families and loved ones on Thanksgiving,” he said. “Meeting the needs of these employees is as important to the business as it is to keep Thanksgiving open in the short term.”

Eyewitness News talked to a shopper arriving at Wal-Mart in Farmingdale on Thursday morning, but it closed.

“I was surprised that it was closed,” said one shopper. “I thought it was open for at least half a day today.”

“I can’t blame people for taking a vacation,” said Nawed Jawed. “Everyone should spend time with their family.”

Keira Bethea said she was disappointed because she couldn’t buy the socks she wanted, but she was happy with the workers.

“It’s good for them,” she said. “Wal-Mart is always open. If I were an employee of Wal-Mart, I would love to spend my holidays.”

Shopper Alexander Coleman said he disagreed with the move because people may want to rush to trade Black Friday early.

“I think it’s really crazy to shut down at this point,” he said.

However, retailers have less incentive to open this year’s Thanksgiving, as many Americans appear to be already doing holiday shopping.

From November 1st to November 23rd, online spending reached $ 72.2 billion, with sales up nearly 20% last year, according to online analytics firm Adobe.

Vivek Pandya, Adobe’s Lead Insight Analyst, said:

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Many stores closed on Thanksgiving, analysts say it may be a permanent trend as a result of the coronavirus pandemic

Source link Many stores closed on Thanksgiving, analysts say it may be a permanent trend as a result of the coronavirus pandemic

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